Infosys, a leader in next-generation digital services and consulting, has partnered with Telstra, Australia’s top telecommunications and technology company, to launch an AI-powered cloud and digital solutions joint venture. This strategic move strengthens Infosys’ presence in Australia and supports businesses in accelerating AI adoption.
Infosys will acquire a 75% stake in Versent Group, Telstra’s wholly-owned subsidiary and a leader in cloud and digital transformation solutions. Telstra will retain a 25% minority stake, signaling strong confidence in the venture’s growth potential. This partnership blends Telstra’s connectivity, Versent’s local engineering expertise, and Infosys’ global scale to deliver high-value solutions.
Expanding Cloud and AI Capabilities
Versent Group, with 650 skilled engineers, advisors, and strategists, serves large enterprises across government, finance, energy, education, and utilities. The acquisition enhances Infosys’ local delivery capability and strengthens its ability to provide AI-powered digital transformation.
The collaboration will integrate Infosys Topaz, Infosys Cobalt, and cybersecurity capabilities from The Missing Link with Versent’s cloud expertise. Together, the companies aim to accelerate end-to-end cloud, AI, and digital transformation for Australian enterprises and government agencies.
Infosys and Telstra have a history of collaboration. In 2024, they launched a multi-year partnership to enhance Telstra’s software engineering and IT transformation. In 2025, they partnered again to drive innovation and support Telstra’s Connected Future 30 strategy. This new joint venture marks another milestone in their shared technology transformation agenda.
Vicki Brady, Telstra CEO, said, “Our collaboration with Infosys reflects our confidence in delivering strong growth and innovation for Australian enterprises.”
Salil Parekh, Infosys CEO, added, “We are excited to bring AI-first capabilities to complement Versent’s digital foundation and accelerate innovation across the region.”
The transaction is expected to close in the second half of FY 2026, subject to regulatory approvals.
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News Source: Prnewswire.com
